Americans are tapped out and interest rates are high. The only surprise is that the pullback took so long. August 21, 2024 9:48 pm
SCE Labor Market Survey: The proportion of individuals who reported searching for a job in the past four weeks rose to 28.4% from 19.4% in July 2023, highest since March 2014. The average expected likelihood of becoming unemployed in the next four months reached a series high. August 19, 2024 8:04 pm
Market-implied probability of a US recession within 12 months is 41%, historically high. August 8, 2024 9:59 pm
In 2023, U.S. homelessness hit a record high; in 2024, even employed individuals are increasingly homeless due to rising rents and inflation. August 8, 2024 2:16 pmAugust 8, 2024 11:41 am
Florida inventory hits 7-year high, suggesting downward price pressure in H2 2024. August 7, 2024 2:15 pm
Initial claims hit 249k, highest since last August; continuing claims at 1.877M, a new cycle high. Goldman Sachs is panicking! August 1, 2024 9:38 am
Cacklenomics! Buying Conditions For Houses Hits All-time Low (High Mortgage Rates + High Home Prices) July 27, 2024 7:21 am
The U.S. debt-to-GDP ratio nears WWII levels, reaching 115.7%, a historic high. July 18, 2024 8:31 pm
BOMBSHELL: Secret Service KNEW Roof Was “High Vulnerability” & Did Nothing Anyway! July 16, 2024 2:19 pm
Citi forecasts 200-point Fed rate cuts over 8 meetings; Dimon warns rates may stay high. July 15, 2024 12:21 pm
Existing home inventory: near record low. New home inventory: near record high. What’s the real story? July 8, 2024 10:46 am
WORLD BANK – Russia Regains “High Income” status Despite 16,000 Western Sanctions July 6, 2024 8:30 am
Office vacancies set a new all-time high, ‘breaking the 20% barrier for the first time in history’ July 3, 2024 10:10 pm
June construction layoffs spike, highest since September 2007. Continuing claims hit a new cycle high, approaching 1.9 million. July 3, 2024 10:15 am
Emigration from Canada to the U.S. hits a 10-year high, surges 70% in a decade. June 13, 2024 9:35 pmJune 13, 2024 1:11 pm
Copper prices hit new record high, up 30% year-to-date, signaling increasing inflationary pressures. May 16, 2024 9:32 am
American Dream Under Siege: Median Mortgage Hits Record High, Renters Left Reeling in Bidenomics Fallout! May 13, 2024 9:28 am
“Inflation is still too high. Further progress in bringing it down is not assured, and the path forward is uncertain,” Fed Chair Powell said. May 6, 2024 4:06 pm
Biden relaxes sanctions and Iran earns $35 billion in profit selling crude to China. Iranian oil exports hit 6 year high. April 19, 2024 7:23 am